Based on 20 active 488 listings

2016 Ferrari 488 prices in the U.S.

median asking price
$298,258 ↑ $24,281 · 30d

The median asking price for a 2016 Ferrari 488 in the U.S. is $298,258 based on 20 active listings.

As of July 25, 2026, the median asking price for a 2016 Ferrari 488 in the U.S. is $298,258, based on 20 active dealer listings tracked by VinAssessment.

◷ Updated July 25, 2026 ▤ 20 active dealer listings, refreshed daily Methodology →

2016 Ferrari 488 — a typically priced live listing
2016 · live listing photo

Typical: $260,998–$343,074 — the middle half of 20 asking prices

Median $298,258
$130K low $407K high

Why the wide range? Price depends mostly on configuration and mileage — see below. This spread covers the middle 96% of asking prices: we exclude the cheapest and priciest 2% (payment-priced ads, typos, salvage) so outliers don't distort it.

What moves the price on a 2016 Ferrari 488

The $260,998–$343,074 typical range isn't randomness — two factors explain most of it:

Mileage
Biggest factor
up to $52,254

Asking prices run about $340,351 under 15K miles and fall to $288,097 at 15K–30K miles — roughly $34,800 for every 10,000 miles.

Location
up to $9,991

The same car typically asks $234,999 in California but $244,990 in Texas.

Find your mileage and trim in the configurator below.

Price this 488

Configure the exact car

Mileage
16,281 mi
Location
Estimated fair asking price
$298,258
at typical mileage, nationwide
Fair range
$260,998$343,074
Matching listings
20 in the U.S.

Modelled from 20 real asking prices, adjusted for mileage and location. Not a formal appraisal.

2016 Ferrari 488: a fair price for your mileage

A 2016 Ferrari 488 sheds roughly $34,800 for every 10,000 miles. Find your mileage below.

Live asking prices — July 25, 2026 · 20 active listings

$250K $300K $350K 15K mi All listings
Mileage Based on Fair price Typical range
Under 15K miles 8 listings $340,351 $327K–$350K
15K–30K miles 11 listings $288,097 $253K–$313K

Same trim and condition assumed — mileage is the biggest lever after configuration.

Trim-level pricing isn't reliable enough for this model yet — mileage and configuration explain most of the spread above.

$298,258
Pre-owned median (20)
16,281
Average mileage

Price history

Median asking price by month · shaded band is the typical range (25th–75th percentile)

The median listing price for a 2016 Ferrari 488 is $289,950 (July 2026) — up 26.1% from $229,950 in August 2025.

$250K $300K $350K Aug ’25 Oct ’25 Dec ’25 Jun ’26 Jul ’26
Monthly price table
Month Median price Typical range Vehicles listed
July 2026 $289,950 $260K–$345K 15
June 2026 $247,493 $233K–$303K 12
December 2025 $225,998 $216K–$260K 11
October 2025 $242,484 $240K–$260K 14
August 2025 $229,950 $215K–$255K 11

2016 Ferrari 488 prices by state

California — 3 active listings Florida — 3 active listings Texas — 3 active listings 3California — 3 active listings 3Florida — 3 active listings 3Texas — 3 active listings
Numbers = active listings in the busiest states; blue states have inventory now
State Typical price Listed this year Active now
Florida $239,813 15 3 Shop 2015–2017 nearby →
Texas $244,990 8 3 Shop 2015–2017 nearby →
California $234,999 5 3 Shop 2015–2017 nearby →

Listed this year counts every 2016 Ferrari 488 first listed in 2026 (sold and active), with currently active cars as a floor. Typical price is the median of each car's latest asking price — or the average of active listings where this-year data is thin.

Keep exploring 488 prices

2016 Ferrari 488 · $294,313 typical · 20 listings

Other Ferrari 488 years

Typical asking price Max $416K

See full Ferrari 488 depreciation curve →

Live 2016 Ferrari 488 listings, priced by VIN

Delta vs typical Median $298,258

Every VIN links to a full market report: decode, active listings and the local price band. Shop 2015–2017 Ferrari 488 listings on VehiSales →.

More 2016 Ferrari prices

Most listed first Max $129K

All Ferrari models →

Frequently asked questions

Why do 2016 Ferrari 488 prices range from $130,474 to $407,208?

The spread comes down to configuration and mileage: higher-mileage, base-configuration examples sit near the low end, while low-mileage and premium configurations reach the top. Half of all listings fall between $260,998 and $343,074 — see the mileage and trim breakdowns above for where a specific vehicle lands.

How much should mileage change the price of a 2016 Ferrari 488?

Expect roughly $34,800 less for every 10,000 miles on the odometer. A 60K-mile example should cost about $104,400 less than a 30K-mile one of the same trim — check the fair-price-by-mileage table above for your band.

How many 2016 Ferrari 488 are for sale right now?

20 in total, nearly all pre-owned. Counts refresh daily from live dealer inventory.

How we calculate these prices

We track 20 active listings for this vehicle across dealer sites nationwide, updated every day. Average and median are computed from real asking prices on live listings. We exclude the top and bottom 2% of prices to remove data errors, salvage titles, and monthly-payment figures posted as if they were sale prices. Prices reflect dealer asking prices — not final sale prices — and exclude taxes, fees, and incentives. Trim and mileage move the price more than any other factor; see the breakdowns above.

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Check individual VINs before you buy — decode the exact trim and mileage, see every active listing, and how each price compares to the local market.